TESLA's Market Cap Surpasses All Other Auto Companies Combined

[Palumboism]

TESLA Market Cap = $1 Trillion


Toyota = $282 Billion
Honda = $54 Billion
VW = $128 Billion
Nissan = $21 Billion
Daimler = $89 Billion
BMW = $56 Billion

GM = $83 Billion
Ford = $63 Billion
Sellantis $54 Billion

Total = $830 Billion



Is it worth it?

[Dave D]

I know I read on here that Tesla stock was junk.

[deadz]

0 interest in electric motors, fast but boring.

[IroNat]

TESLA Market Cap = $1 Trillion


Toyota = $282 Billion
Honda = $54 Billion
VW = $128 Billion
Nissan = $21 Billion
Daimler = $89 Billion
BMW = $56 Billion

GM = $83 Billion
Ford = $63 Billion
Sellantis $54 Billion

Total = $830 Billion



Is it worth it?

Over-priced.  Will be hell to pay for some.

[BayGBM]

Remarkable what Musk has achieved; the rise of Tesla (wish I had never sold my stock) is redefining the industry with all the major players playing catch up!  I am surprised they don’t make a major acquisition to bolster their manufacturing capabilities—which is lagging terribly despite their success.

Hats off to them on their success!

[SOMEPARTS]

Remarkable what Musk has achieved; the rise of Tesla (wish I had never sold my stock) is redefining the industry with all the major players playing catch up!  I am surprised they don’t make a major acquisition to bolster their manufacturing capabilities—which is lagging terribly despite their success.

Hats off to them on their success!

They've never made a profit, their novelty cars catch fire and drive into oncoming traffic. Other than that, great.

[IroNat]

Musk is an awesome hype-artist.

Great at pumping the stock with dreamy predictions.

[BayGBM]

They've never made a profit, their novelty cars catch fire and drive into oncoming traffic. Other than that, great.

Had you been paying attention you would know that they have indeed had profitable quarters. And now the rest of the entire industry is desperately trying to catch up to them. Btw, what’s the market cap of your company… or your own net worth?

[IroNat]

Hertz Global Holdings Inc., barely four months out of bankruptcy, placed an order for 100,000 Teslas in the first step of an ambitious plan to electrify its rental-car fleet.

It’s the single-largest purchase ever for electric vehicles, or EVs, and represents about $4.2 billion of revenue for Tesla

https://www.aljazeera.com/economy/2021/10/25/tesla-hits-1-trillion-in-market-value-for-the-first-time

[ProudVirgin69]

Had you been paying attention you would know that they have indeed had profitable quarters. And now the rest of the entire industry is desperately trying to catch up to them. Btw, what’s the market cap of your company… or your own net worth?

yeah, by selling carbon credits to other companies 

I concede that their two recent quarters were profitable based on cars and energy storage, before you try to "gotcha" me.  Tesla makes lousy cars but like Steve Jobs, Elon Musk is a marketing whiz.  Sadly, their inclusion to the SP500 ensures that the government will bail them out when needed, all in the name of the Almighty Number

[BayGBM]

yeah, by selling carbon credits to other companies 

I concede that their two recent quarters were profitable based on cars and energy storage, before you try to "gotcha" me.  Tesla makes lousy cars but like Steve Jobs, Elon Musk is a marketing whiz.  Sadly, their inclusion to the SP500 ensures that the government will bail them out when needed, all in the name of the Almighty Number

I look forward to you doing better.  Show them how it should be done!

[loco]

Anyone who owns VTSAX owns TESLA stock.   

[Humble Narcissist]

Musk is an awesome hype-artist.

Great at pumping the stock with dreamy predictions.

This^ He is the conman of conmen.

[loco]

Musk is not that much different than Rockefeller, Vanderbilt, Carnegie, JP Morgan, and Ford, the men who built America.

[_bruce_]

Musk seems a bit like a scammer - kind of hype train one can't ride.

[Dave D]

I look forward to you doing better.  Show them how it should be done!

Oh Bay.... we arent allowed to offer differering opinions if we arent doing better?

Very mature response.

[SOMEPARTS]

Had you been paying attention you would know that they have indeed had profitable quarters. And now the rest of the entire industry is desperately trying to catch up to them. Btw, what’s the market cap of your company… or your own net worth?

I'll bet your were totally unbearable to be around when you bought your first Prius. 

[SOMEPARTS]

Had you been paying attention you would know that they have indeed had profitable quarters. And now the rest of the entire industry is desperately trying to catch up to them. Btw, what’s the market cap of your company… or your own net worth?

What two quarters? Only since kowtowing to China.

The valuation is laughable. Soon we will see what the real economy is. Musk sells soon if he is the true genius god some of you make him out to be.

[BayGBM]

Oh Bay.... we arent allowed to offer differering opinions if we arent doing better?

Very mature response.

Certainly you can have a differing opinion... but what are you doing with it--besides posting on a message board?  Put your money where your mouth is.  If you're not starting your starting your own car company what gains have you made in the market based on your opinions?  Those who bought TESLA stock are now sitting very pretty.  People on the sidelines offering opinions... not so much.

Reed Hastings thought Blockbuster had a misguided business model.  When he asked to partner with them for DVDs via mail they laughed at him and told him to get out.  Blockbuster is now out of business and Netflix is now part of FAANG.

Less opining and more doing.  Arguing with success says more about the speaker than the subject.

[SOMEPARTS]

Certainly you can have a differing opinion... but what are you doing with it--besides posting on a message board?  Put your money where your mouth is.  If you're not starting your starting your own car company what gains have you made in the market based on your opinions?  Those who bought TESLA stock are now sitting very pretty.  People on the sidelines offering opinions... not so much.

Reed Hastings thought Blockbuster had a misguided business model.  When he asked to partner with them for DVDs via mail they laughed at him and told him to get out.  Blockbuster is now out of business and Netflix is now part of FAANG.

Less opining and more doing.  Arguing with success says more about the speaker than the subject.

This whole thread is a top tick indicating the irrational exuberance in the market. Bragging on a bodybuilding forum about your stock gains is akin to the old stock tips from the shoeshine boy story. I welcome it.

[SOMEPARTS]

What two quarters? Only since kowtowing to China.

The valuation is laughable. Soon we will see what the real economy is. Musk sells soon if he is the true genius god some of you make him out to be.

Well, well, well...

He sets up a poll on Twitter asking if he should sell 25B in stock to avoid dems "unrealized gains". He's not wishing to sell you see...people voted for him to sell. 

P.T. Barnum lives. 


https://www.zerohedge.com/markets/majority-saying-yes-after-elon-musk-asks-twitter-if-he-should-sell-10-his-tesla-stock

[Moontrane]

I just learned about Skynet Starlink.   

[Palumboism]

$1.2 Trillion and counting....

[pkaz]

I know I read on here that Tesla stock was junk.

The US tax payers supplemented the purchase of every one of these cars. Without tax dollars paying individuals to purchase these over priced cars Tesla would have been bankrupt. Same with his rocket company, Space X. Bought and paid for by US tax dollars...

[Mayday]

And this is why commodities are going to rip.

We have unprofitable business at Moon prices meanwhile oil is still 40% less than 13yrs ago.

The sharemarket makes commodities all look massively undervalued. Imagine if that 120B/mth of QE suddenly flooded commodities instead of the sharemarket. We’d be fucked in under a year.